article thumbnail

Philadelphia Real Estate Market & Investment Overview 2021

Marco Santarelli

Day On Market. In a market that is considered “balanced,” the housing market predicts that the average days on market (DOM) for a home is 65 days. In Philly, the average was 41 days, showing a strong favorability to sellers. New Foreclosure Filings for Philadelphia, PA (on Realtytrac.com ).

Marketing 126
article thumbnail

San Jose Real Estate Market & Investment Overview

Marco Santarelli

It compares key housing metrics of the San Jose housing market from March 2021 with March 2020. . Median Days on Market was 8. Impact of the Pandemic on San Jose Housing Market. San Jose Housing Market Report For Q4 2020. 440 residential building permits issued in Q4, 189 of which were for affordable apartments.

Marketing 126
article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Real Estate Referral Fees: How They Work & Best Practices. Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. A PUD is a grouping of residential buildings. How to Get a Real Estate License in 5 Simple Steps. Real-estate owned (REO).